Fubon Insurance Co., Ltd. Sustainability Profile
Fubon Insurance Co., Ltd., a prominent player in the Taiwanese insurance sector, is headquartered in Taipei, Taiwan (TW). Established in 1961, the company has grown to become a leading provider of comprehensive insurance solutions, including life, property, and casualty insurance. Fubon Insurance is renowned for its innovative products and customer-centric services, which set it apart in a competitive market. With a strong presence across Taiwan and expanding operations in Asia, Fubon Insurance has achieved significant milestones, including numerous awards for service excellence and financial stability. The company’s commitment to leveraging technology enhances its offerings, ensuring clients receive tailored coverage that meets their unique needs. As a subsidiary of Fubon Financial Holding Co., Ltd., Fubon Insurance continues to solidify its market position, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Fubon Insurance Co., Ltd.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Fubon Insurance Co., Ltd.'s score of 76 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fubon Insurance Co., Ltd.'s reported carbon emissions
In 2024, Fubon Insurance Co., Ltd., headquartered in Taiwan (TW), reported total carbon emissions of approximately 2,136,000 kg CO2e. This figure includes 106,000 kg CO2e from Scope 1 emissions, 2,030,000 kg CO2e from Scope 2 emissions, and 2,152,000 kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of about 3,356,000 kg CO2e, with Scope 1 at 107,000 kg CO2e, Scope 2 at 3,249,000 kg CO2e, and Scope 3 at 2,351,000 kg CO2e. This indicates a significant reduction in total emissions of approximately 1,220,000 kg CO2e from 2023 to 2024. Fubon Insurance's emissions data is cascaded from its parent company, Fubon Financial Holding Co., Ltd., which is responsible for the overarching climate initiatives and targets. However, there are currently no specific reduction targets or climate pledges disclosed by Fubon Insurance itself. The company is actively involved in various sustainability initiatives, but detailed reduction strategies or commitments have not been specified in the available data. Overall, Fubon Insurance demonstrates a commitment to monitoring and reducing its carbon footprint, aligning with broader industry standards for climate accountability.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 285,000 | 000,000 | 000,000 |
| Scope 2 | 3,559,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,473,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Fubon Insurance Co., Ltd.'s Industry?
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Fubon Insurance Co., Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Fubon Insurance Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
